The housing market in Monona, WI is looking strong with a median value of $382,500 and recorded an impressive 1 year house appreciation rate of 13.46%. This is considerably higher than the national median value of $338,100 and 8.27% appreciation rate. Clearly Monona offers great housing opportunities for those looking to invest in real estate in this area.
The median home cost in Monona is $382,500. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Monona is up 15.5%.
Average Age of Homes
- The median age of Monona real estate is 54 years old
The Rental Market in Monona
- Renters make up 44.8% of the Monona population
- 2.0% of houses and apartments in Monona, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.